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CS Disco price target lowered to $6 from $9 at Canaccord

Canaccord lowered the firm’s price target on CS Disco (LAW) to $6 from $9 and keeps a Buy rating on the shares. The firm said this was a pretty solid quarter for Disco with total revenue growth of 11% came in ahead of the high end of guidance, which included Software revenue growth of 14%, marking the firm’s third consecutive quarter of accelerating normalized growth.

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